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Thieves are Looting the Universal Credit System by Touting Payday Loans
A new type of fraud has been uncovered involving the Universal Credit benefit system in the UK.

Retail & Wholesale underline need for cooperation with all to make a success of EU Green Deal
Speaking today on behalf of European retailers and wholesalers, EuroCommerce Director-General Christian Verschueren supported the Commission strategy set out in its long-awaited European Green initiative to reduce greenhouse gas emissions by 2050:

Why are so many payday lenders going into administration?
Once a thriving and growing sector, the UK's payday loans industry was once valued at around £2 billion per year. Fast forward to 2019 and the industry is worth barely £200 million and every week we hear about more payday lenders going into administration.

Risk of return to law of the jungle in blocking WTO
The WTO Appellate Body will cease to function tomorrow due to retiring judges and the blockage of new judge nominations. Commenting on the situation, EuroCommerce Director-General Christian Verschueren said:

Call for radical overhaul of online casinos in the UK
Online and land-based gambling is strictly regulated in the United Kingdom, where the UK GC makes sure that casinos and bookmakers play by the rules. Those who apply for a license here project an image of trustworthiness and provide prospective players with the impetus to tag along.

Your Personal Financial Health: A Complete Guide
Financial health is a buzzword that many people simply decide to overlook and ignore. That's certainly understandable - many people feel that they're enjoying financial security if not plenty, and they're therefore unconcerned about the health of their finances overall.

EU energy ministers must phase out fossil gas and improve their 2030 plans
Today, EU energy ministers have discussed sector integration as well as the state of play of the National Energy and Climate Plans (NECPs). Continued reliance on fossil gas and the fact that the plans are still falling short of climate ambition flies in the face of the European Parliament acting "Climate Emergency" last week.

A Guide to Preparing Your Business for Brexit
For a lot of businesses, the frustration over Brexit doesn't only come from worrying about the right deal, but simply the need for a final decision in order to best prepare for the outcome, whatever that may be.

Here's How UK Tech Businesses can Compete with Silicon Valley after Brexit
Brexit is quite possibly the biggest and most political issue that the UK has faced in quite some time. The vote to leave has damaged the UK economy and when you look at all of the uncertainty and volatility, you will soon see that there’s a lot on the line. That being said, the UK does have a reputation as being an international tech hub and it may be able to bounce back.

Know the Difference between Spread Betting and Forex Trading
Many people believe that Spread Betting and Forex Trading are similar, but the fact is that they are different and there are numerous important variations between both that ought to be understood.

Is Gaming Business the Fastest Growing Industry In the Europe?
Last year in 2018, the size of the European video gaming industry was worth USD 19 billion and it is expected that it will reach USD 21.5 billion by the end of 2020. Due to rapid technological advancements, the latest gaming facilities have reached to every corner of the world.

How do you Start an eSports Business?
eSports is already a multi-billion dollar industry that is flourishing each year and it is expected that by the end of 2020 its worth will exceed to USD 1.5 billion. Since the industry holds immense potential, there are many investors who are aiming to start their own eSports business and penetrate into this niche.

Choosing the Best Data Entry Outsourcing Company for Your Startup
All companies, no matter how big or small sooner or later will have to handle considerable amounts of data. Digitalization is necessary for better handling of the business. For entrepreneurs to better manage big data volumes and maintain proper quality, they need to turn towards the most effective data management.

Fire Regulations Remain an Unknown in Post-Brexit UK
UK voters approved a resolution to leave the European Union way back in 2016. More than three years later, Parliament and the Government cannot figure out a way to make Brexit happen. This has caused a lot of uncertainty across the board. Everything from banking to food sources will be affected when the inevitable finally happens. Even fire regulations are up for grabs.

Why is the Tesla Cybertruck Revolutionary
Tesla recently unveiled the highly anticipated Cybertruck and it is safe to say that they did not disappoint - not that Tesla ever does with their incredible events.

A new start for Europe, and need for new push for sustainable market solutions
Retailers and wholesalers in Europe expressed their support for the new Commission under Ursula von der Leyen. Speaking today after the convincing European Parliament vote in favour of the new team, EuroCommerce Director-General Christian Verschueren said:

2019’s Data Showing The Most Affordable & Least Affordable Places to Rent in England
With Brexit causing an impact on England property prices, recent data has shown that rent is unaffordable in over half of the cities in England!

What are the Best Company Cars for Your Business?
Looking to buy a company car for your business? This is a huge purchase and it is important that you take the time to find the right vehicle for your particular company. There are a handful of excellent company cars to consider available right now which could give a significant boost to your business.

SEO Services in Europe are expanding and here's why
Search Engine Optimization (SEO) is here to stay. We have seen this from the rapid increase and attention it has gained throughout the last decade.

3 Things to Check Before Buying a Used Car
Very often, it's better to buy a used than a new car, especially if you've only just passed your test. Though it may sound obvious, the main reason is that as a new driver, you won't have to worry as much about repair costs with a second-hand motor.

A Genuine Virtual Assistant: Why Alexa is a Big Deal
While technological leaps are marked by incredible milestones, it can often feel like taking two steps forward requires you to take one step back.

The Importance of Financial Regulation in the UK
Financial regulation is important in protecting the treatment of consumers throughout the financial services. It helps to prevent people from being sold financial products they cannot afford, thereby reducing unethical practices throughout this sector.

Failure Is Part Of The Product Development Process
The vast majority of new products introduced to the market every year end up failing to gain traction in their particular niche. There are many analytical terms devised to explain exactly why a product failed but the most common reason is that, simply stated, no one wanted the product.

The UK Gambling Round-up: Last Year in Numbers
The UK Gambling Commission (UKGC) is known as a world-class and leading gambling regulator for good reason, and it doesn't just relate them being head honcho and top dog when it comes to player protection and a legislative framework but is more a reflection on the holistic approach they take to the whole industry.

To 3PL or Not To 3PL?
Is your company ready to use a third party logistics provider (3PL)? A third party logistics provider is a warehousing and customer fulfilment operation owned and operated by a third party, i.e, not your company. Mega-companies like Amazon typically don't use 3PLs, since they have the scale to own their own warehouses. And micro-companies that keep their inventory in their garages don't use 3PLs, since the costs of using 3PLs outweigh the benefits.

EU Alerts

EUbusiness Week no. 851
Time to speed up climate action
→ EUbusiness Week archive

The Week Ahead no. 470
Anti-money laundering - tourism and transport package - EU response to economic crisis - coronavirus exit strategy

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